Tag Archives: Iran

By Daniel Pickard, Jack Shane, Nova Daly and Lori Scheetz on May 18, 2018 Posted in Economic SanctionsWebinar: Wednesday, June 6, 2018 | 12:00 p.m. – 1:00 p.m. EDT RSVP Here On May 8, President Trump announced the United States’ withdrawal from participation in the Joint Comprehensive Plan of Action (JCPOA), the landmark 2015 agreement that eased sanctions on Iran in exchange for curbs on Iran’s nuclear program. The U.S. government’s withdrawal… Continue Reading

By Usha Neelakantan on July 19, 2017 Posted in Economic SanctionsOne day after President Trump reluctantly certified that Iran has been complying with the terms of the Joint Comprehensive Plan of Action relating to its nuclear program, the U.S. Treasury Department sanctioned 16 entities and individuals for supporting the Iranian military and Iran’s Islamic Revolutionary Guard Corps. The designated entities are reported to have assisted… Continue Reading

By D. Scott Nance on October 24, 2016 Posted in Economic Sanctions,Export ControlsWith the presidential election fast approaching, businesses may be wondering what the next administration is likely to do with respect to sanctions and export controls. If Secretary Clinton is elected, the most likely path is a continuation in general of the current policies. If Donald Trump is elected, the prospects are much less clear. And… Continue Reading

By D. Scott Nance on April 2, 2015 Posted in Compliance,Economic SanctionsSchlumberger Oilfield Holdings, the world’s largest oil field services company, has pleaded guilty to one count of conspiring to violate U.S. economic sanctions against Iran and Sudan. As part of its plea arrangement, Schlumberger has agreed to pay a fine of $232.7 million, and three years of corporate probation. The plea agreement concludes an investigation… Continue Reading

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